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Trainline ( (GB:TRN) ) has issued an update.
Trainline PLC announced the repurchase of 116,356 of its ordinary shares as part of a share purchase program initiated in May 2024. This move, conducted through Morgan Stanley, will see the purchased shares cancelled, leaving a total of 448,822,524 ordinary shares in circulation. This buyback is part of Trainline’s strategy to manage its share capital and may influence shareholder calculations concerning their interests in the company.
More about Trainline
Trainline is a leading independent rail and coach travel platform that provides a comprehensive service for booking and managing rail and coach journeys. Operating globally, it aggregates routes, fares, and journey times from various carriers across Europe, accessible via its website and mobile app.
YTD Price Performance: -3.49%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.01B
See more data about TRN stock on TipRanks’ Stock Analysis page.
